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Tariq Al-Mansouri

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Tariq Al-Mansouri is an ICN.live writer since 2023 and reports on the future of financial systems. He published work on Investing.com and Financial News. His expertise spans tokenized markets, digital banking, and the intersection of AI with finance. His academic foundation is a bachelor’s degree in Mass Communication earned in Abu Dhabi.
TDRA

The Telecommunications and Digital Government Regulatory Authority (TDRA) has granted Starlink Satellite Communications LLC a 10-year General Space Services License, authorising the company to establish, operate, and manage a public satellite communications network and provide broadband satellite internet services in the UAE, WAM announced.

The license marks an important milestone in the UAE’s regulatory framework for satellite communications services. It adds a space-based layer to the country’s national digital infrastructure, complementing terrestrial fibre-optic and 5G networks.

This will diversify internet access options, enhance the resilience, readiness, and continuity of the national network under various conditions, and support critical sectors including maritime and aviation transport, energy, logistics, and emergency response.

From a regulatory perspective, the license reflects TDRA’s approach to adopting a flexible and forward-looking regulatory framework that embraces emerging technologies, expands user choice and connectivity solutions, and promotes competition. This is expected to contribute to service quality, customer experience, and continuity of telecommunications services, while reinforcing the UAE’s position as an attractive destination for global satellite system operators, in support of the objectives of the UAE Digital Agenda and “We the UAE 2031” vision.

The scope of the license extends beyond individual consumers to include businesses and government entities, as well as satellite connectivity services for the maritime and aviation sectors, in accordance with the UAE’s approved regulatory and technical frameworks. This further enhances the license’s strategic and economic significance and broadens its impact across key productive sectors of the UAE.

Majed Sultan Al Mesmar, Director-General of TDRA, said, ”This license represents a significant addition to the UAE’s telecommunications sector and reflects the country’s commitment to adopting advanced technologies and fostering a flexible regulatory environment that supports innovation and investment. The introduction of advanced satellite internet services will expand connectivity options, enhance network resilience and business continuity, and support the UAE’s ambition to strengthen its position as a regional and global hub for telecommunications and the digital economy.”

He added, “TDRA is committed to ensuring that the introduction of emerging and new technologies delivers tangible benefits to customers, service quality, and sector competitiveness, while maintaining the highest standards of security, reliability, and consumer protection.”

The license is expected to contribute to digital transformation, develop connectivity solutions for vital sectors and areas requiring additional connectivity options, and enhance the UAE’s readiness to respond to emergencies and crises, in line with the country’s national visions and strategies.

The services covered by the license are subject to the UAE’s approved regulatory and technical frameworks, including requirements related to security and the protection of information infrastructure, service quality, reliability and continuity, consumer rights and data privacy, as well as compliance with spectrum-use regulations and technical coordination with relevant authorities.

These requirements form an essential part of licensing decisions of this nature. TDRA’s regulatory approach seeks to balance enabling access to advanced technologies with ensuring that their deployment takes place within a robust framework that safeguards network security and consumer rights.

Meta's Bombastic $17 Billion

Meta’s bombastic $17 billion settlement closes one of the largest child safety fights the tech industry has faced. The company agreed to pay $16.68 billion after 47 states and U.S. territories accused it of designing Instagram and Facebook to hook young users. State attorneys general said Meta built features meant to “entice, engage, and ultimately ensnare youth and teens.” Meta denies wrongdoing. Still, the numbers tell their own story here.

Think of the child safety settlement as a bill for a decade of design choices. Executives built products that kept teens scrolling. Regulators decided that came at a price. That price now stretches across ten years of payments, plus a new rulebook for how Instagram and Facebook must treat anyone under 18.

New Limits Reshape Instagram and Facebook for Teens

Under the deal, under-18 users face a firm two-hour daily cap on Facebook and Instagram. Push notifications go dark during school hours. Access shuts off completely between midnight and 6 a.m. Age checks get tougher too, closing gaps that let younger kids slip past sign-up screens.

The Instagram and Facebook teen restrictions go further than time limits. Teen accounts will no longer show likes or other engagement counts. That single change targets a mechanism long tied to teen social media addiction lawsuit claims: the pull of watching a number climb. Strip away the number, and the pull weakens. Meta also agreed to tighten controls around content that promotes eating disorders or self-harm.

Regulators leaned hard on COPPA violations as part of their case. The Children’s Online Privacy Protection Act bars companies from collecting data on kids under 13 without parental consent. States alleged Meta gathered that data anyway, and that some of it fed machine learning and generative AI systems. That claim links Meta’s bombastic $17 billion settlement to a bigger question: how AI training pipelines treat data from underage users across the industry.

TikTok and YouTube Hold the Next $5 Billion

Here’s the twist. About $5 billion of the total stays locked unless TikTok and YouTube sign onto similar rules, including one-hour daily limits, nighttime curbs, and stronger age verification. Each platform would owe roughly $5 billion of its own if it joins.

Meta published an open letter urging both rivals to come aboard, arguing teens who get limited on one app simply hop to another. That’s a fair point. A single-platform curfew doesn’t mean much if the crowd moves next door anyway. Real TikTok and YouTube teen protections would need to land across the entire industry to change teen behavior at scale.

For now, Wall Street shrugged. Meta shares rose about 1 percent on the news, which suggests investors see this as a manageable cost rather than a real threat. Put that $17 billion against Meta’s $201 billion in 2025 revenue, and the settlement equals roughly 8.5 percent of one year’s sales. Spread over a decade, the yearly hit shrinks further.

Meta’s bombastic $17 billion settlement isn’t only about the check it writes. It’s the products it now has to rebuild. Time limits, curfews, hidden like counts, tougher age gates: these become permanent fixtures on two of the world’s largest social apps. Whether TikTok and YouTube follow will decide if this becomes an industry standard or stays a Meta-only fix.

Parkin's regional growth plans

Parkin’s regional growth plans now stretch past the UAE, after the Dubai-listed parking operator signed a memorandum of understanding to take its technology into Egypt.

The agreement brings in three local partners: Modon Misr for Asset and Facility Management, transport services provider Mwasalat Misr, and Redcon Properties. They control the ground. Parkin brings the cameras and the software.

What the Egypt agreement covers

The partners plan to deploy Automatic Number Plate Recognition parking systems, AI-enabled parking cameras, barrierless entry, digital permits and parking management platforms across assets the Egyptian companies already run. They will also work out technical, operational and commercial models that suit the Egyptian market.

Read that carefully. An MoU is a framework, not a contract. No sites, dates or pricing have been fixed.

Parkin says the goal is better parking efficiency and a smoother experience for drivers in Egypt’s growing cities. Chief Executive Mohamed Abdulla Al Ali called the deal a step in the company’s regional expansion, and said technology, data and operational know-how would carry the weight in building parking systems that work.

Inside Parkin’s regional growth plans

Line up the past four months and the pattern gets obvious.

In May, Parkin Company PJSC signed a long-term framework agreement with Sharjah master developer Arada, covering up to 9,900 spaces at the Aljada megaproject, phased between 2026 and 2030. The smart paid parking system there went live on 15 July, the company’s first paid operation outside Dubai. On 10 August came an MoU with Abu Dhabi’s Q Mobility, the operator behind Mawaqif, aimed at linking digital payments and AI-driven occupancy management across the two emirates.

Egypt is the first step outside the country altogether. Parkin’s regional growth plans have moved from one emirate to three markets in under four months, and every deal so far has been a partnership rather than a purchase.

Why the technology travels

Parkin holds a 49-year concession over Dubai’s paid public parking. That covered roughly 229,000 spaces at the end of 2025 and 141 million transactions last year. Volume at that scale teaches a system what a busy Thursday evening looks like, and that learning is the exportable part.

Think of a car park as a checkout lane. The old version needed a ticket, a barrier, and a queue behind whoever lost their ticket. The smart parking solutions UAE operators have been rolling out since 2024 read the plate on the way in, start the clock, and charge the wallet on the way out. Nobody stops. Nobody hunts for coins.

That model does not care which country the tarmac sits in, which is why Parkin smart parking systems can move across borders faster than physical infrastructure usually does.

What Egyptian drivers could see

Egypt keeps building new cities and communities, and each one arrives with parking demand attached. Modon Misr chief executive Mohamed Aboutaleb said the partnership could support how parking and mobility develop as that construction continues.

For now, nothing is switched on. The partners still have to agree on what the technology costs, who operates it, and where it lands first. Parkin Egypt remains an intention on paper.

Watch the next announcement instead. If a named development and a go-live date appear, the Egypt move stops being exploratory and starts being a business.